Crude oil demand will grow for next 10 years

Takayuki Nogami, a chief economist of the Japan Oil, Gas and Metals National Corporation, spoke about the current crude oil market with The Yomiuri Shimbun. The following are excerpts from the interview.

The Yomiuri Shimbun: How is the November agreement between OPEC and non-OPEC countries including Russia to be interpreted?

Nogami: OPEC, led by Saudi Arabia, and non-OPEC oil-producers such as Russia have........